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National Truck Services Group 1622 N Black Canyon Fwy

8,390 SF 100% Leased Office Building Phoenix, AZ 85009 $1,600,000 ($191/SF) 7% Cap Rate

Executive Summary

The property has an NNN lease expiring in September 2028, producing $112,000 in NOI. There is a potential owner user with income play. The current master lessor will vacate upon the lease's termination in 2028.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
8,390 SF
Building Class
B
Year Built
1985
Price
$1,600,000
Price Per SF
$191
Cap Rate
7%
NOI
$112,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,195 SF
Building FAR
0.21
Lot Size
0.90 AC
Zoning
C-O
Parking
54 Spaces (6.44 Spaces per 1,000 SF Leased)

Amenities

  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
110-58-001B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,061
  • Listing ID: 34159553

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1622 N Black Canyon Fwy, Phoenix, AZ 85009

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